LONDON – Last year, China's online payment market demonstrated a 12.6% Y-o-Y increase, mainly attributed to the new business models such as point-of-sales (POS) payment options and online securities trading. However, China's online payment industry still faces various pressures, including tightened market regulations, the expansion of emerging markets and profitability requirements.

The Chinese mobile payment market was worth USD 7.6 billion at 2011-end, and it is forecast to become the world’s largest one by 2013, mainly driven by the increasing adoption of mobile devices. By 2015, the country is expected to have 400 million users of contactless mobile payments alone by 2015.

New report bundle “Payments in China: Report Bundle” elaborated by Maverick China Research consists of the three reports, presenting the most up-to-date and comprehensive research on online and mobile payment markets in China.